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Venice Apartment Building with Laundry

117 Paloma Avenue Los Angeles, CA 90291

117 Paloma Avenue, Los Angeles, CA, 90291
$3,195,000
For Sale
$3,195,000

Nine-unit apartment building with on-site laundry, individually metered utilities, hardwood floors, and earthquake retrofitting.

Days on Market77

Property Features for 117 Paloma Avenue

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1922
Listing agency Lee & Associates Los Angeles - Investment Services Group, Inc
Listed by Mike Salerno · License #CalDRE #01212427
Source Lee-associates
Added: May 7 Updated: Jul 21 at 1:31AM Checked: Jul 22 at 5:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates Los Angeles - Investment Services Group, Inc


Investment Insights

Based on property information with market context.

This 9-unit apartment building includes one 2-bedroom, 1-bath house over the garage, along with four 1-bedroom, 1-bath units and four studio apartments. The property features copper plumbing and has been earthquake retrofitted. Several kitchens and bathrooms have been remodeled, and the units have hardwood floors. On-site laundry is available.

The building is located in Venice, less than 2 blocks from the Pacific Ocean, on a walk street surrounded by multi-million dollar homes. The property is across the street from the Google Headquarters and the future site of the Venice Metro Yard development.

Utilities are separately metered for electricity. The four studios are master metered for gas, while the remaining five units are individually metered for gas.

Key Highlights

  • 9‑unit apartment building built in 1922 in Venice, with on‑site laundry
  • Across the street from the Google Headquarters and the future Venice Metro Yard development site
  • Unit mix: one 2BD/1BA house over the garage, four 1BD/1BA units, and four studios

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store Acupuncture Gym & Fitness Center Dental Office Nursing Home Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Nine-unit apartment building with on-site laundry, individually metered utilities, hardwood floors, and earthquake retrofitting.
Where is this apartment building located?
The property is located at 117 Paloma Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,195,000.
What are key features of this property?
This property features: 9‑unit apartment building built in 1922 in Venice, with on‑site laundry; Across the street from the Google Headquarters and the future Venice Metro Yard development site; Unit mix: one 2BD/1BA house over the garage, four 1BD/1BA units, and four studios
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